The Global Heart Rhythm Devices Market Research Report by Emergen Research was developed via analysis of key commercial data and a broad geographic distribution. The study provides comprehensive coverage of the qualitative and quantitative analyses of the Heart Rhythm Devices market in addition to significant market statistical data. Both current estimates through 2022 and historical data from 2018 to 2019 are provided in the research paper. The study also examines established and emerging market players, providing a broad overview of the company, its product line, commercial alliances, and expansion ambitions.
The global heart rhythm devices market size reached USD 18.10 billion in 2021 and is expected to register a revenue CAGR of 6.4% during the forecast period, according to the latest analysis by Emergen Research. The increasing prevalence of cardiovascular ailments, such as heart failure, atrial fibrillation, coronary ischemia, and others, is driving market revenue growth. Heart rhythm devices are used to treat cardiovascular ailments, including arrhythmias or cardiac arrest. According to the World Health Organization, 30% of global fatalities are due to cardiovascular diseases, and over 30 million people worldwide suffer from cardiac arrhythmia. Rapid adoption of novel technologies, such as the inclusion of artificial intelligence (AI) in biomedical devices, is leading to the invention of new and user-friendly devices. In addition, increased patient awareness is also an important factor in the surging demand for heart rhythm devices worldwide.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Heart rhythm devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Medtronic (Ireland), Boston Scientific (US), Abbott Laboratories (US), GE Healthcare (US), BIOTRONIK (Germany), Hill-Rom Holding (US), and Koninklijke Philips (Netherlands), Cardiac Science, Livanova, Schiller AG, Biotelemetry, Applied Cardiac System
How will this Report Benefit you?
An Emergen Research report of 250 pages features 194 tables, 189 charts, and graphics. Our new study is ideal for anyone who wants to learn about the global Heart rhythm devices market commercially and deeply, as well as to analyze the market segments in depth. With the help of our recent study, you can analyze the entire regional and global market for Heart rhythm devices. To increase market share, you must obtain financial analysis of the entire market and its segments. Our research suggests there are significant opportunities in this rapidly expanding market for energy storage technology. Look at how you might take advantage of these revenue-generating opportunities. Additionally, the research will help you develop growth strategies, strengthen competitor analysis, and improve business productivity by enabling you to make better strategic decisions.
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Some Key Highlights From the Report
- The defibrillator segment accounted for largest revenue share in 2021. Increasing number of automated external defibrillators are getting installed in public places such as shopping malls, train and flight stations, and other areas. These defibrillators are popularly known as Public Access Defibrillators (PAD) because they can be used by any novice person in case of an emergency. Increased installation of these defibrillators is driving revenue growth of this segment. According to Cleveland Clinic, automated external defibrillators can be used to treat a patient affected by cardiac arrest, tachycardia (increased heartbeat) as well as bradycardia (slow heartbeat).
- The hospital segment accounted for largest revenue share in 2021. Cardiovascular diseases demand highly precise results from high-end medical devices, which are installed largely in hospitals. Thus, availability of heart rhythm medical devices in hospitals accompanied by an increasing number of patients suffering from cardiac fibrillation and other diseases is driving revenue growth of this segment.
- The North America market accounted for largest revenue share in 2021. Adoption of modern technologies, surging elderly population, and highly advanced medical infrastructure are major causes of high rate of market expansion in North American countries. According to United Health Foundation, a U.S.-based non-profit organization, over 54 million adult population live in the U.S., as of 2021. This accounts for 16.5% of entire population of the country. It is expected that growing geriatric population of the U.S. is expected to reach 85.7 million by 2050 and it will account for around 20% of entire population in the country. In addition, increasing death rate owing to cardiovascular diseases is generating enhanced demand for heart rhythm devices. According to the Center for Disease Control and Prevention (CDC), annual fatality value in the U.S. is 0.65 million.
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What Questions Should You Ask before Buying a Market Research Report?
- How is the Heart rhythm devices market evolving?
- What is driving and restraining the Heart rhythm devices market?
- How will each Heart rhythm devices submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
- How will the market shares for each Heart rhythm devices submarket develop from 2022 to 2030?
- What will be the main driver for the overall market from 2022 to 2030?
- Will leading Heart rhythm devices markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
- Who are the leading players and what are their prospects over the forecast period?
- What are the Heart rhythm devices projects for these leading companies?
- How will the industry evolve during the period between 2022 and 2030? What are the implications of Heart rhythm devices projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the Heart rhythm devices market?
- Where is the Heart rhythm devices market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the Heart rhythm devices market today, and over the next 10 years:
- Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – Now.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you Today how the Heart rhythm devices market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
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Market Overview:
The report bifurcates the Heart rhythm devices market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Type Outlook (Volume: Kilo Tons) (Revenue in Million USD; 2017–2030)
- ECG devices
- Product
- Resting ECG Devices
- Stress ECG Devices
- Holter Monitors
- Lead
- Single Lead ECG Wires
- ECG Lead Wires
- Others
- Pacemakers
- Implantable
- External
- Defibrillators
- Product
- ECG devices
-
-
-
- Implantable Cardioverter Defibrillators
- S-ICD
- T-ICD
- External Defibrillators
- Manual External Defibrillator
- Automatic External Defibrillator
- Wearable Cardioverter Defibrillator
- Implantable Loop Recorders
- Cardiac Resynchronization Therapy (CRT)
- Cardiac Resynchronization Therapy Defibrillators (CRT-D)
- Cardiac Resynchronization Therapy Pacemakers (CRT-P)
- Others
- Implantable Cardioverter Defibrillators
-
-
- Applications Outlook (Volume: Kilo Tons) (Revenue in Million USD; 2017–2030)
- Bradycardia
- Tachycardia
- Heart Failure
- Others
- End Use Outlook (Volume: Kilo Tons) (Revenue in Million USD; 2017–2030)
- Hospitals
- Clinics
- Ambulatory Surgical Centers,
- Home Care Settings
- Others
Forecasts to 2030 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2030, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising Heart rhythm devices prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.
How will the Heart rhythm devices Market, 2022 to 2030 report help you?
In summary, our 250-page report provides you with the following knowledge:
- Revenue forecasts to 2030 for Heart rhythm devices Market, 2022 to 2030 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2030 for four regional and 20 key national markets – See forecasts for the Heart rhythm devices Market, 2022 to 2030 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Heart rhythm devices Market, 2022 to 2030.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Emergen Research study is for everybody needing commercial analyses for the Heart rhythm devices Market, 2022 to 2030, market-leading companies. You will find data, trends and predictions.
The content of each profile differs, depending on the organization. In general, a profile gives the following information:
- Overview of the company’s Heart rhythm devices products & services
- Analysis of recent financial performance–annual revenue of the companies
- Assessment of developments–activities, acquisitions, production capacity, deals, new service offerings and collaborations
Key Benefits For Stakeholders:
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